Dow Futures Higher after Index Breaks 25K Barrier

Wall St. feathers on financials economy hope

Apart from the rise of bank stocks with JPMorgan surging as much as 5.8 per cent at its second consecutive day of gain in a row, encouraging signs of a recovery of the the United States economy such as a continued ease of lockdowns, rising hopes over a pandemic vaccine human trial alongside a havoc-scale U.S. relief bill to see through the pandemic outbreak, appeared to be driving the recent gains in the Wall St., suggested analysts.

The Dow Jones Industrial Average .DJI rose 146.97 points, or 0.58%, to 25,695.24, the S&P 500 .SPX gained 26.44 points, or 0.87%, to 3,062.57 and the Nasdaq Composite .IXIC added 73.06 points, or 0.78%, to 9,485.42.

The benchmark S&P 500 .SPX had crossed 3,000 for the first time since March 5 before dropping back late in the session.

The S&P's move pushes the index past its 200-day moving average for the first time since March 6.

The S&P index recorded 12 new 52-week highs and no new low, while the Nasdaq recorded 36 new highs and five new lows.

US Democrats pull surveillance bill after Trump veto threat
Another Republican representative, Russ Diamond, who said he was notified of possible exposure through contact with Mr. Lewis, Diamond, and Ryan are all on the State Government Committee, which has been meeting in person, along with Sims.

MGM Resorts stock has increased more than 70 percent in the same period and Disney has grown 27 percent amid optimism about plans to reopen businesses and other activities following restrictions to prevent the spread of the COVID-19 pandemic. Wells Fargo dipped 2.6% and JPMorgan Chase slipped 1.5%.

USA stocks opened mixed on Thursday as traders mulled some grim economic data while watching developments in Hong Kong.

While all 11 S&P sector indexes were higher for much of the day, the technology .SPLRCT and healthcare .SPXHC sectors ended slightly lower. Walt Disney Company (NYSE:) declined 3.93% or 4.78 points to end at 116.75 and Chevron Corp (NYSE:) was down 3.23% or 3.03 points to 90.87.

USA biotech group Novavax Inc NVAX.O closed up 4.5% as it joined the race to test coronavirus vaccine candidates on humans and enrolled its first participants. But he questioned how much further the market would rise with the US presidential election in November and simmering U.S.

The top performers on the NASDAQ Composite were ARCA Biopharma Inc (NASDAQ:) which rose 386.33% to 19.21, Hexindai Inc (NASDAQ:) which was up 170.83% to settle at 1.3000 and Hudson Capital Inc (NASDAQ:) which gained 70.77% to close at 0.700.

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